FRASERBURGH CAR SALES LIMITED
🌳Matureactive
SC237681 · ltd · incorporated 2002-10-03
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 23.7y old — refinance window within 12 months
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£1.85M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Sale of new cars and light motor vehicles
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 23.7y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 23.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,847,529
Cash YoY
+20%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1.5m
↑ 20% YoY
Net Worth
£1.8m
↑ 13% YoY
Current Assets
£1.9m
↑ 15% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £1.86M | £1.65M |
| Current assets | £1.92M | £1.66M |
| Cash | £1.52M | £1.27M |
| Debtors | £79.6k | £55.0k |
| Net assets | £1.85M | £1.63M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-18➕SIMPSON, Robert appointeddirector
- 2024-08-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-23📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2020-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-26📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-26📄change-person-director-company-with-change-dateofficers · CH01
- 2020-02-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-02-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-05-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-06📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2018-08-06📍change-sail-address-company-with-new-addressaddress · AD02
- 2002-10-31🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2002-10-03🏢Company incorporatedAs FRASERBURGH CAR SALES LIMITED
- 2002-10-03➕SIMPSON, Sandra appointedsecretary
- 2002-10-03➕SIMPSON, John appointeddirector
- 2002-10-03➕SIMPSON, Sandra appointeddirector
- 2002-10-03➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2002-10-03➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2002-10-03➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2002-10-03➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
John Simpson Individual · British · DOB 08/1959 · age 67 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Sandra Simpson Individual · British · DOB 11/1962 · age 64 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Automotive · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BREAKING POINT LIMITED→ SC167411 · est 1996 | — | — | £22.6k | — | 29y | 83 | 61y |
| CARS RECOVERY LIMITED→ SC334403 · est 2007 | — | — | £186.5k | — | 18y | 83 | 68y |
| MACDUFF DIESELS LTD.→ SC177616 · est 1997 | — | — | £909.3k | — | 28y | 83 | 70y |
| WESTFIELD MOTORS (PETERHEAD) LIMITED→ SC234665 · est 2002 | — | — | £600.4k | — | 23y | 83 | 84y |
| ALAN J. ROSS MOTOR ENGINEERS LTD.→ SC178820 · est 1997 | — | — | £388.8k | — | 28y | 82 | 72y |
| BRIDGE OF DON GARAGE LIMITED→ SC285473 · est 2005 | — | — | £163.5k | — | 21y | 82 | 65y |
| CAMERON AUTOTECH LIMITED→ SC241160 · est 2002 | — | — | £1.27M | — | 23y | 82 | 65y |
| CITYVOE LIMITED→ SC274365 · est 2004 | — | — | — | 700 | 21y | 82 | 63y |
| COTTAGE CARS (ABERDEEN) LTD.→ SC350432 · est 2008 | — | — | — | — | 17y | 82 | 65y |
| CROWN MOTORS (A & I) LIMITED→ SC128540 · est 1990 | — | — | £2.41M | — | 35y | 82 | 66y |
| DUNECHT GARAGE LTD.→ SC148143 · est 1993 | — | — | — | — | 32y | 82 | 71y |
| HUNTLY VEHICLE CARE CENTRE LIMITED→ SC235442 · est 2002 | — | — | — | — | 23y | 82 | 65y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated2002-10-03
Jurisdictionscotland
Primary SIC45111 — Sale of new cars and light motor vehicles
Registered office
South Road
Fraserburgh
Aberdeenshire
AB43 8TJ
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-17
Last: 2025-10-03
Officers (4 active · 2 resigned)
Active
SIMPSON, John→
Activedirector · ~67y · appointed 2002-10-03
View their other companies + combined net worth →
SIMPSON, Robert→
Activedirector · ~61y · appointed 2025-09-18
View their other companies + combined net worth →
SIMPSON, Sandra→
Activedirector · ~64y · appointed 2002-10-03
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2002-10-03 · resigned 2002-10-03
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2002-10-03 · resigned 2002-10-03
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 31/10/2002 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (72 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-10
appoint-person-director-company-with-name-date
officers · AP01
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-29
change-sail-address-company-with-old-address-new-address
address · AD02
2021-07-23
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-19